The housing boom and bust / Thomas Sowell.
By: Sowell, Thomas.
Material type: TextPublisher: New York : Basic Books, c2009Bibliography: Includes bibliographical references (p. 151-179) and index.Description: vii, 184 p. ; 25 cm.ISBN: 9780465018802; 0465018807.Subject(s): Housing -- Prices -- United States | Secondary mortgage market -- United States | Subprime mortgage loans -- United States | Financial crises -- United StatesDDC classification: 332.7/20973 Online resources: Contributor biographical information | Publisher description Summary: Explains how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The "creative" financing of home mortgages and "creative" marketing of financial securities based on these mortgages to countries around the world, are part of the story of how a financial house of cards was built up--and then collapsed.Item type | Current library | Collection | Call number | Status | Date due | Barcode | |
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Two Weeks | Davenport Library Circulating Collection | Print-Circulating | 332.72 So92 2009 (Browse shelf(Opens below)) | Available | 34284003707635 |
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332.72 An264 2009 Busted : life inside the great mortgage meltdown / | 332.72 H836 2014 The mortgage wars : inside Fannie Mae, big-money politics, and the collapse of the American dream / | 332.72 M93 2009 Chain of blame : how Wall Street caused the mortgage and credit crisis / | 332.72 So92 2009 The housing boom and bust / | 332.7209 G931 2011 Guaranteed to fail : Fannie Mae, Freddie Mac, and the debacle of mortgage finance / | 332.720973 B161 2012 Bull by the horns : fighting to save Main Street from Wall Street, and Wall Street from itself / | 332.720973 En323 2011 The subprime virus : reckless credit, regulatory failure, and next steps / |
Includes bibliographical references (p. 151-179) and index.
Explains how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The "creative" financing of home mortgages and "creative" marketing of financial securities based on these mortgages to countries around the world, are part of the story of how a financial house of cards was built up--and then collapsed.
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